Question 28
The market demand curve for pizzas is P=300-Q and the market supply curve is P=60+2Q. A tax of t=15 INR is imposed on one unit of pizza sold. Answer the given subquestions.
Deadweight loss of tax is
INR 48.5
INR 37.5
INR 89.5
INR 68.5
Question 28: Deadweight loss of tax is
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Correct answer
INR 37.5
Question 28 of 43 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M IMPROVEMENT FN EXAM QIA1 31 Aug 2025). It carries 0.5 marks.
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